iShares 10+ Year Investment Grade Corporate Bond ETF
IGLB
71 hedge funds and large institutions have $447M invested in iShares 10+ Year Investment Grade Corporate Bond ETF in 2015 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 35 increasing their positions, 19 reducing their positions, and 13 closing their positions.
84% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 19
2% less capital invested
Capital invested by funds: $458M → $447M (-$11.1M)
1.88% less ownership
Funds ownership: 61.81% → 59.93% (-1.9%)
4% less funds holding
Funds holding: 74 → 71 (-3)
15% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 13
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FA
FDx Advisors
Chicago,
Illinois
|
+$19.2M |
| 2 |
BlackRock
New York
|
+$9.3M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$8.25M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$6.39M |
| 5 |
SAS
Sage Advisory Services
Austin,
Texas
|
+$5.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIM
BlackRock Investment Management
Wilmington,
Delaware
|
-$24M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$20.8M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$6.48M |
| 4 |
Goldman Sachs
New York
|
-$5.63M |
| 5 |
KeyBank National Association
Cleveland,
Ohio
|
-$4.35M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SSG
76
Summit Securities Group
New York
| – | -$285K | -5,000 | Closed |
|
|
CIC
77
Cutler Investment Counsel
Jacksonville,
Oregon
| – | -$263K | -4,607 | Closed |
|
|
PPA
78
Parametric Portfolio Associates
Seattle,
Washington
| – | -$214K | -3,744 | Closed |
|
|
GC
79
Guggenheim Capital
Chicago,
Illinois
| – | -$209K | -3,661 | Closed |
|
|
CCS
80
Crosspoint Capital Strategies
Orinda,
California
| – | -$50K | -877 | Closed |
|
81
Creative Planning
Overland Park,
Kansas
| – | -$22K | -380 | Closed |
|
82
Citigroup
New York
| – | -$12K | -212 | Closed |
|
|
TWA
83
TCI Wealth Advisors
Tucson,
Arizona
| – | -$6K | -111 | Closed |
|
84
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$3K | -58 | Closed |
|
IGLB Hedge Fund Activity: Q4 2015 in Review
71 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in iShares 10+ Year Investment Grade Corporate Bond ETF (IGLB) for Q4 2015, worth a combined $447M — down 2.4% from $458M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of IGLB and 11 opened new positions — a net loss of 2 holders — while 19 trimmed existing stakes and 35 added.
The largest buyer was FDx Advisors, adding an estimated $19.2M. The largest seller was BlackRock Investment Management, cutting an estimated $24M.
- 71 institutional investors held iShares 10+ Year Investment Grade Corporate Bond ETF (IGLB) as of Q4 2015, down from 74 in Q3 2015.
- Funds reported $447M of iShares 10+ Year Investment Grade Corporate Bond ETF stock for Q4 2015, down 2.4% quarter-over-quarter.
- 11 funds opened new iShares 10+ Year Investment Grade Corporate Bond ETF positions in Q4 2015 and 13 closed out, a net change of -2 holders.
- The largest iShares 10+ Year Investment Grade Corporate Bond ETF buyer in Q4 2015 was FDx Advisors, an estimated $19.2M added.
- The largest iShares 10+ Year Investment Grade Corporate Bond ETF seller in Q4 2015 was BlackRock Investment Management, an estimated $24M sold.
Based on aggregated 13F filings for Q4 2015.